Colonsay Close
Edinburgh, EH15

Description

This modern third-floor apartment, set within a well-maintained development built circa 2007, offers an excellent opportunity to acquire a tenanted buy-to-let investment in a popular residential area of Edinburgh. The property comprises an entrance hallway, open-plan living room/kitchen, two bedrooms, and a bathroom with WC. The development benefits from a communal entrance hall, stairwell, and lift access, along with a basement-level garage, adding to its appeal for tenants. Further benefits include uPVC double-glazed windows, a gas-fired central heating system, and an excellent EPC rating of Band B, supporting energy efficiency and long-term rental demand.

The property is being sold with the tenants in situ, who have been in residence since August 2023, currently paying £1,100 per calendar month. The Home Report value is £180,000, offering an attractive entry point for investors seeking stable income in the capital. The block factoring charge is approximately £2000pa. 

Colonsay Close is located within the desirable Trinity / Newhaven district of north Edinburgh, an area that continues to see strong demand from professionals and families due to its coastal setting and proximity to the city centre. Excellent transport links, including nearby tram and bus routes, provide easy access to central Edinburgh and beyond. The area benefits from a wide range of local amenities, waterfront walks, cafés, and green spaces, as well as close proximity to the Shore and Leith’s vibrant social scene. With ongoing regeneration across north Edinburgh and continued demand for modern, energy-efficient homes, this location offers investors a compelling combination of strong rental demand, lifestyle appeal, and long-term capital growth potential.